diff --git a/Cargo.toml b/Cargo.toml
index ccf0be7e282..1dd2d2ecdbf 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -36,7 +36,7 @@ exclude = ["packages/wasm-sdk"] # This one is experimental and not ready for use
 
 [workspace.package]
 
-rust-version = "1.83"
+rust-version = "1.85"
 
 [patch.crates-io]
 tower-service = { git = "https://github.com/QuantumExplorer/tower", branch = "fix/indexMap2OnV0413" }
diff --git a/README.md b/README.md
index d3bf8d7503d..5765ccb2e89 100644
--- a/README.md
+++ b/README.md
@@ -51,7 +51,7 @@ this repository may be used on the following networks:
 - Install prerequisites:
   - [node.js](https://nodejs.org/) v20
   - [docker](https://docs.docker.com/get-docker/) v20.10+
-  - [rust](https://www.rust-lang.org/tools/install) v1.83+, with wasm32 target (`rustup target add wasm32-unknown-unknown`)
+  - [rust](https://www.rust-lang.org/tools/install) v1.85+, with wasm32 target (`rustup target add wasm32-unknown-unknown`)
   - [protoc - protobuf compiler](https://github.com/protocolbuffers/protobuf/releases) v27.3+
     - if needed, set PROTOC environment variable to location of `protoc` binary
   - [wasm-bingen toolchain](https://rustwasm.github.io/wasm-bindgen/):
diff --git a/rust-toolchain.toml b/rust-toolchain.toml
index 98f0ab49ebf..66c0393df69 100644
--- a/rust-toolchain.toml
+++ b/rust-toolchain.toml
@@ -1,5 +1,5 @@
 [toolchain]
 # Rust version the same as in /README.md
-channel = "1.83"
+channel = "1.85"
 
 targets = ["wasm32-unknown-unknown"]